Bought Note
The Cyclopedic Law Dictionary · Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922
The Cyclopedic Law Dictionary
A written memorandum of a sale, delivered by the broker who effects the sale, to the vendee.
Story, Ag. § 28; 11 Adol. & E. 589; 8 Mees. & W. 834.
Bought and sold notes are made out usually at the same time, the former being delivered to the vendee, the latter to the vendor.